Listing Courtesy of: Jake Steven - Reece Nichols South Central Kansas 316-260-5900
$1,600,000 affordable loan icon Calculate Payment

325 S Ridge Rd Wichita, KS 67209

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Other Residence
Beds
Baths
550 Sq. Ft.
0.43 Acre Lot

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Last updated on 12/25/2024 3:41 PM
Investment Opportunity! ABSOLUTE NNN LAND LEASE, 7 Brew Coffee IN A PRIME LOCATION, WICHITA, KS. Discover this exceptional investment prospect in Wichita, KS, with the property located at 325 S Ridge Rd. This is a solid commercial asset anchored by a secure 15-year absolute NNN lease with 7 Brew Cof...fee, ensuring stability and impressive returns. With a current annual Net Operating Income (NOI) of $90,000, this investment demonstrates its financial strength. Growth is evident through an attractive 8% rent increase every 5 years, making it a great choice for investors seeking a long-term investment. Strategically positioned in a high-traffic area, the property provides outstanding visibility and accessibility. With traffic counts surpassing 45,000 vehicles daily at the intersection of Ridge Rd and Maple St, the lessee benefits from consistent foot traffic and exposure. Situated near Lowe’s Home Improvement, Chick-Fil-A, and numerous other retailers, the property has a consistent flow of potential customers. This advantageous location, coupled with 7 Brew Coffee's offerings, creates a conducive environment for sustained business activity. Invest confidently in a property that combines a prime location, reputable tenant, and a secure lease structure. Whether you are an experienced investor looking to expand your portfolio or new to the commercial real estate scene, 325 S Ridge Road presents a compelling opportunity. Continue reading
MLS#
646765
Property Type
Other
Year Built
2024
Square Feet
550 sq. ft
Lot Size
0.43

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Listing Courtesy of: Jake Steven - Reece Nichols South Central Kansas 316-260-5900

Andrea D. Conner, License 237733, Xome Inc., License 2173, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067



Listings courtesy of South Central Kansas MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 12/25/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. © 1993 -2024 South Central Kansas Multiple Listing Service, Inc. All rights reserved


This content last refreshed on 12/25/2024 3:41 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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